2017 Missouri Revised Statutes
Title XXVI TRADE AND COMMERCE
Chapter 400 Uniform Commercial Code
Section 400.4A-401 Payment date.

Effective 28 Aug 1992

Title XXVI TRADE AND COMMERCE

Chapter 400

400.4A-401. Payment date. — "Payment date" of a payment order means the day on which the amount of the order is payable to the beneficiary by the beneficiary's bank. The payment date may be determined by instruction of the sender but cannot be earlier than the day the order is received by the beneficiary's bank and, unless otherwise determined, is the day the order is received by the beneficiary's bank.

(L. 1992 S.B. 448)

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